单选题 In 1995, the CFA Institute sponsored and funded the Global Investment Performance Standards (GIPS) in response to :

A. an increase in insider trading.
B. new regulation passed by the SEC.
C. a need to address issues, such as portability of investment results.

【正确答案】 C

【答案解析】The GIPS were created to address the portability of investment results, varying time periods, and survivorship biases. Government regulation was not an issue nor was insider trading.